Market Failure and Supply Model of Chinese Agricultural Insurance
As the foundation of the national economy,agriculture is a weak industry with high risks. Agricultural risks have extensive transmission and complexity due to features of the primary industry. This paper points out that risky feature and market character of agricultural nsurance lead to its dilemma. Meanwhile,it puts forward mutual agricultural insurance supply model can solve the above problems. It concludes that in comparison with commercial insurance and policy-oriented insurance,mutual insurance has unique advantages in term of information allocation and cost control which can reduce negative influence of market failure. Thus,it becomes a wise choice for insurance supply model.
mutual insurance market failure commercial insurance
Deping Zhan Bingyu Cao
School of Economics and Management,Changsha University of Science & Technology
国际会议
香港
英文
390-394
2010-08-17（万方平台首次上网日期，不代表论文的发表时间）